Macro Trends

Gate Research Daily Report: On December 20th, BTC and ETH saw a downward correction, with the market sentiment remaining stable. Both Bitcoin and Ethereum ETFs experienced net outflows, while altcoins like Terminal of Truths stood out with notable gains. The U.S. stock indices showed mixed performance, with spot gold slightly rising, and the Fear & Greed Index indicating a state of market greed. Popular tokens such as USUAL, FARTCOIN, and IDOODLES (Doodles Fraction Token) garnered attention in the market. Hyperliquid reached a new trading volume high, the SEC approved new ETFs, and Deutsche Bank predicted that the Federal Reserve would not cut interest rates. MetaMask expanded its payment card pilot, while projects like Kettle Finance secured funding and Plume Network offered airdrop opportunities.

2024 was a big year for crypto, full of exciting trends and moments that kept the community buzzing. From memecoins making headlines to real-world assets getting tokenized, the year was packed with stories that pushed blockchain into new territory. These top ten narratives capture the energy and innovation driving the crypto world forward.

Gate Research Weekly Review & Outlook: Fed projects two rate cuts in 2025, falling short of market expectations, leading to declines in crypto markets and global stocks. Gate.io ranks fourth globally in 24-hour spot trading volume, up 46.74% from the previous day. HYPE leads the DeFi sector with a 40% increase over the past seven days. Hong Kong's SFC grants licenses to four virtual asset trading platforms through expedited procedures. Clober DEX suffers contract vulnerability attack, losing approximately $500,000. Riot Platforms adds 667 BTC to holdings, bringing total position to $1.8 billion. Metars Genesis token faces major unlock of 10 million tokens next week, investors should monitor closely.

This article aims to understand the regulatory policies on cryptocurrency in major countries and regions around the world, including an analysis of responses and challenges to significant events. It explores how to address issues like blockchain anonymity, decentralization, and cross-border regulation to ensure compliance and security.

Gate Research Daily Report: On December 18, the price of BTC rose by 0.08% in the last 24 hours, while ETH fell by 2.33%. Ethena's TVL (Total Value Locked) surpassed $6 billion, setting a new all-time high. Ohio has proposed a Bitcoin Reserve Bill, recommending the state government to establish a Bitcoin Reserve Fund. The size of the US Bitcoin Spot ETF has now exceeded that of Gold ETF. The TON Foundation, in collaboration with EVAA Protocol, has launched a DeFi incentive program, offering 100,000 TON tokens to support ecosystem growth. Gate has also launched Coinhunt Plan #1, where users can trade popular coins like VANA and MOCA to share $15,000.

Gate Research Daily Report: BTC and ETH continue to show strong momentum, with prices repeatedly hitting new highs. Yesterday, a total of $371 million was liquidated, primarily from long positions. GAMESTOP saw a nearly 200% increase in a single day, leading the altcoin sector. Bitcoin, Ethereum, and Hyperliquid ranked in the top three for TVL (Total Value Locked) growth among major blockchains over the past 7 days, with increases of $3.09 billion, $2.22 billion, and $1.87 billion, respectively. MicroStrategy continues to accumulate Bitcoin, having purchased 15,350 BTC last week. Ripple will launch its USD stablecoin, RLUSD, on December 17. The user-generated content-driven open platform Nifty Island has launched an airdrop subscription event.

In Part II of my thesis, I’ll dive into four of the most promising subsectors in Crypto AI: Decentralised Compute: Training, Inference & GPU marketplaces, Data networks, Verifiable AI, AI Agents living on-chain. This piece represents the culmination of weeks of deep research and conversations with founders and teams across the Crypto AI landscape. It’s not designed to be an exhaustive deep dive into every sector—that’s a rabbit hole for another day.

This article explores digital asset institutionalization and "Old Money" market entry post-2024 U.S. election. It analyzes four key requirements for traditional financial institutions: compliance solutions, asset tokenization, custody/OTC services, and payment solutions. As regulations evolve, digital asset platforms will enable institutional market entry through secure, compliant infrastructure.

Many blockchain concept stock companies are experiencing strong growth, gaining significant attention and investment in the market. By incorporating blockchain technology, these companies have driven digital transformation and value creation, gradually becoming key players in the industry. We have closely monitored several stocks in this field and observed their increasingly impressive performance in the capital markets. With blockchain driving innovation, they are expected to see even greater development

Gate Research Daily Report: On December 16, the price of BTC rose by 2.85% in the past 24 hours, with the current price reaching $104,615.7, continuing to set new historical highs. Ethereum ETFs saw a net inflow of $855 million last week, marking a new record for weekly inflows. The Hyperliquid network's TVL (Total Value Locked) reached $4.401 billion, surpassing the Base network. Pump.fun has accumulated over $300 million in revenue, with a total token issuance of approximately 4.67 million. The FASB's fair value accounting rules have come into effect, accelerating the arrival of the era of corporate Bitcoin reserves. DWF Labs, in collaboration with the Abu Dhabi Blockchain Center, is driving the development of the Web3 ecosystem in the MENA region.

Should Academic Papers Really Be Behind a Paywall? Where Lies the Key to the Challenges in Academia? This article explores the potential for openness and progress in academia through the integration of Web3 and the recent discussions around the DeSci topic.

Gate Research Daily Report: On December 13, BTC experienced a 1.10% decline over 24 hours, reaching a peak price of $102,503 and currently trading at $99,994. Altcoin sectors such as RWA (Real World Assets), Oracle, and Lending/Borrowing Protocols saw gains of 18.3%, 17.6%, and 10.7%, respectively. U.S. Producer Price Index (PPI) and initial jobless claims data exceeded expectations, raising the probability of a 25-basis-point rate cut in December to 96.7%. Grayscale has launched trust funds for Optimism and Lido. A Republican representative from Texas has introduced a bill to establish a strategic Bitcoin reserve. The Trump family's cryptocurrency initiative has intensified its focus on DeFi, increasing holdings in ETH, AAVE, and LINK. The Avalanche Foundation announced it has raised $250 million through a private token sale to support its blockchain platform.

This article takes a trader-focused approach, examining some of the most prominent token unlocks of the past few years. We analyse how unlocks of varying sizes and recipient types influenced price trajectories, identifying recurring patterns and key behavioural differences across the ecosystem.

Gate Research Weekly Review & Outlook: This week, BTC faced resistance in its upward movement, with prices fluctuating around $100,000. The total inflow of ETH ETFs set a new record at $698 million, and BlackRock increased its ETH holdings by $500 million. AI Meme coins led the altcoin sector, with ELIZA and ai16z rising by 80.33% and 45.17%, respectively. Riot Platforms completed $525 million in financing, further advancing its Bitcoin acquisition plans. The number of active global wallet addresses surpassed 400 million, indicating steady progress in crypto adoption. Gaming infrastructure and publisher Xterio launched a large-scale $XTER points reward campaign.

This article provides an in-depth analysis of Denmark’s policy changes regarding crypto asset taxation and supervision. It covers the basic framework of the Danish tax system, main tax types, and Denmark’s tax policy and regulatory framework for cryptocurrency. The article details how Denmark will integrate unrealized cryptocurrency income into its tax system and explores key components of its crypto regulatory framework.